SPRING WILLOW, PAYHEMBURY, HONITON, EX14 3HA - £640,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

SPRING WILLOW is a very large detached house of 219m², built sometime between 1983 and 1990, which could now be worth an estimated £781,933. It was last sold for £640,000 in March 2020, which was around 44% above the average March 2020 detached price in the East Devon local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

SPRING WILLOW Sold Prices

Land registry data shows two sales for SPRING WILLOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Devon local authority area for the corresponding sale date. Both of the two SPRING WILLOW sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 4 MAR	£640,000	£444,366	44% above HPI
1997 27 JUN	£165,000	£105,946	56% above HPI

SPRING WILLOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Devon local authority area over time, sourced from the HPI. The two SPRING WILLOW sales from June 1997 and March 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 1997 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the March 2020 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might SPRING WILLOW be worth now?

SPRING WILLOW might now be worth an estimated £781,933.

This is based on house price inflation of 22.2%, between March 2020 and December 2024, for detached houses, in the East Devon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.2% inflationary increase is applied to the most recent sale price for SPRING WILLOW of £640,000 on 4th March 2020. For the value to have increased from £640,000 to £781,933 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of SPRING WILLOW has moved in line with the HPI for detached houses in the East Devon local authority area.
• The March 2020 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING WILLOW has not materially changed since March 2020.

How Large is SPRING WILLOW?

SPRING WILLOW is 219m² according to the EPC inspection conducted in July 2011. This puts it in the largest 10% of detached houses houses in Payhembury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Payhembury, and where SPRING WILLOW lies on this distribution: 93% of detached houses houses are smaller than SPRING WILLOW, and 7% of houses are larger. Note that EPC data is not available for all properties in Payhembury.

SPRING WILLOW: Plot and Title Map

SPRING WILLOW sits on a plot of roughly 0.406 of an acre, or 1,642m². The below map shows the location of SPRING WILLOW, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of SPRING WILLOW). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is SPRING WILLOW?

SPRING WILLOW is located in PAYHEMBURY, in the EX14 postcode district. The below map shows the position of SPRING WILLOW in PAYHEMBURY.